Werner's preliminary Q3 result misses consensus
- Transportation and logistics provider Werner Enterprises (WERN) said on Monday that it expects third-quarter preliminary total revenue of $946M to $951M, missing consensus estimate of $953.56M.
- The company projected GAAP diluted earnings per share of $0.10 to $0.11, which also missed the consensus estimate of $0.36.
- The company also projected non-GAAP adjusted diluted EPS of $0.15 to $0.16.
- Werner Enterprises attributed the Q3 earnings miss to factors including rapidly rising fuel prices, driver recruitment and retention investments, and a late-quarter insurance reserve adjustment related to past claims.
- Werner plans to provide additional details when reporting its Q3 results on October 27, 2026.
- Source: Press Release
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